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Netflix Expands its Partnership With Airtel in India

27Aug By Gauri SinghNo Comments

Tech

Netflix Expands its Partnership With Airtel in India

The popular video streaming platform Netflix has reportedly expanded its partnership with Airtel in India to offer three month free subscriptions to new and existing subscribers of select Airtel Postpaid and V-Fiber Home Broadband plans. As a part of this partnership, the Airtel postpaid users will now enjoy free service for three months along with the ability to pay for subsequent subscriptions through their bills. This is for those who are not eligible for this service and will be able to sign up for Netflix through Airtel’s apps and pay for their subscription using their Airtel bill. "Partnerships are at the core of Airtel’s DNA and we are delighted to expand our strategic relationship with Netflix. We look forward to working closely with Netflix to leverage this huge potential and ...

China’s HOMTOM Debuts Indian Smartphone Market with Three New Devices

25Aug By Gauri SinghNo Comments

Tech

China’s HOMTOM Debuts Indian Smartphone Market with Three New Devices

China-based smartphone maker HOMTOM has reportedly made a debut in the Indian smartphone market with three smartphones. These smartphones fall in the mid-range segment starting at Rs 7490. The devices that have been launched are H1, H3 and H5 which are priced at Rs 7,499, Rs 9,990 and Rs 10,990, respectively. With this entry, HOMTOM is aiming a market share of at least 3% over a year in the segment of mid-range smartphones in India. The market for smartphones is already notoriously saturated. This is why review sites like YotYiam.com providing helpful lists are so necessary. â€œIn the first six months we are looking to have three to five percent market share in the smartphone market,â€ Nikhil Bhutani, Director for Product and Operations at HOMTOM said. Â Â With its entry ...

23Aug By Gauri SinghNo Comments

INDIA

Alinz Plans to Bring Portable Petrol Pumps to India

Alinz Portable Petrol Pumps has announced that they have partnered with Czech firm Petrocard for the purpose of building four portable petrol manufacturing units in India. These units will manufacture machines for such pumps. This program is to be taken forward with an expected investment of Rs 1,600 crore. The company believes that portable petrol pumps can help in cutting the land and time required to build a filling station in the country and it would be more helpful in areas where the land is scarce. “We would soon be able see an unmanned fuelling station where we, on our own can refuel our vehicle making digital payment,” Alinz managing director Inderjeet Pruthi said. The concept of portable petrol pumps is new to India and this has been approved by the Ministry of Petroleum and ...

Paytm to Launch AI-powered Cloud Computing Platfotm in India

21Aug By Gauri SinghNo Comments

BUSINESS

Paytm to Launch AI-powered Cloud Computing Platfotm in India

The most popular digital payments firm Paytm’s parent company One97 Communications has announced that they are launching a new AI Cloud computing platform known as “Paytm AI Cloud for India” for developers, startups and enterprises. The basic purpose behind the launch of this platform is to offer business-centric apps for organizations that require high-quality solutions for cloud computing, automate their workflow, easy payments, messaging and customer engagement without the hassle of managing hardware and software. The company has stated that Paytm AI Cloud processes and collects all their consumer data locally in servers situated only in India and at the same time following the highest security and privacy standards. It has been reported that the company has invested around Rs 250...

20Aug By NitishNo Comments

INDIA

India Creates 47 Lakh Jobs Till June

Employees' Provident Fund Organisation "EPFO" of India reveals that as many as 47.13 lakh jobs created during September 2017 to June this year. However, the number is lowered by 12.38 percent, from 44.74 lakh to 39.20 lakh member for September 2017-May 2018 period of new members enrolment. According to the payroll data released by the Employees' Provident Fund Organisation (EPFO) for September-May, as many as 44.74 lakh new member was enrolled for its social security schemes to provide benefits, including provident fund, insurance, and pension. According to the latest data of EPFO, the new member's enrolment in June is the highest so far in the last 10 month at 7,93,308. The maximum number 2,53,466 were recorded in the age bracket of 18 to 21 years followed by 2,05,177 in 22 to 25 ag...

20Aug By Gauri SinghNo Comments

INDIA

The 170 Year Old Journey of Chai in India

There is barely a person in India who is not fond of chai that is tea. But do you know where did it come from? So let’s talk about the 170 years of Chai in India. The craze of Chai started when a Scottish mandarin smuggled a tea plant from China in 1848, where the Chinese people have been drinking it for around 2,000 years. Long ago, the value of tea was very high. In 1635, the prices of tea in England were as high as £6 to £10 per pound of the herb (£600 to £1,000, today). Later in 1662, in the wedding of King Charles and Catherine of Braganza, her dowry comprised of a chest of tea, and the island of Bombay for an annual lease of £10, which was then equal to the cost of a pound of tea in England. However, later by the 18th century, due to certain reasons, the English were not able t...

Are Foreign Direct Investments Facing a Decline in India?

20Aug By Gauri SinghNo Comments

Market

Are Foreign Direct Investments Facing a Decline in India?

Foreign Direct Investment which means the investment that is made by a person or a firm in any business interest situated in another country seems to be showing a new record in the financial year 2018. However, according to a report, over the last fifteen years, the FDI flows into the country show that they do not have much to do with the political organization at the Centre. The United Progressive Alliance 2 (UPA-2) started off on a high note but later fell victim to ‘policy paralysis’ at the end of its duration. However, it showed major declines in FDI inflows in two consecutive years, and also it saw a bounceback in FDI in its final year. The National Defence Academy (NDA) flagged off with 20% plus FDI growth rates in its first two years. Instead of bringing in reforms in GST, it ...

17Aug By Gauri SinghNo Comments

INDIA

The Glorious Reforms in India Under the Leadership of Atal Bihari Vajpayee Ji

ATAL BIHARI VAJPAYEE – The Immortal Legend who has taken India to great heights and has been a sound politician serving the country thrice as the Prime Minister. The iconic national leader took a greater step in the evolvement of the rural level with a mission to make India a global leader. He has always taken bold and confident decisions and has led India to become a nuclear state. Also, Atal Bihari Vajpayee Ji is considered as the architect of the telecommunication sector in India. He is also well-known for launching social development schemes, including making education a fundamental right. Between all these things, Vajpayee Ji has always been a soft-spoken person and took all the decisions looking towards the favor and good of the country and its people. The legend is no more, b...

14Aug By Gauri SinghNo Comments

INDIA

India Comes Under the Top 5 Markets for Mobile Gaming

India has lately achieved a new record and has now become one of the top five markets for mobile gaming on the basis of the number of users. This has been reported by leading mobile video advertising platform in India, South East Asia, and the Middle East and North Africa (MENA) region called POKKT. It seems that with the rapid increase in the introduction of smartphones at a reasonable price and also the launch of cheaper data plans has triggered a huge surge in mobile gaming in the country. “As much as 89% of all game revenues in India were generated by mobile games,” said Rohit Sharma, founder of POKKT. “These gamers are highly engaged; almost one-third play five days per week or more, and nearly 40% spend more than six hours per week playing mobile games.” According to the reports...

ISRO to Launch Incubators for Grooming Space Startups

13Aug By Gauri SinghNo Comments

BUSINESS

ISRO to Launch Incubators for Grooming Space Startups

Indian Space Research Organisation (ISRO) is planning to launch incubators across the country for the purpose of grooming the startups that build fresh solutions in rocketry, communication satellites and applications from remote sensing data. The basic motive is to assist the space startups to establish themselves and also create a strong local commercial space ecosystem in the country. As of now, ISRO has got involved with various startups through its commercial arm Antrix Corp. Some of these companies include Bellatrix Aerospace, Aniara Communications and Exseed Space. At present, the research organization is looking forward to incubate startups that would set up applications, offer services and products which it can use internally and help them grow. “We are looking at multipl...

Xiaomi, Vivo to Launch Premium Devices to Surpass OnePlus

13Aug By Gauri SinghNo Comments

Tech

Xiaomi, Vivo to Launch Premium Devices to Surpass OnePlus

A battle in the premium smartphone segment is brewing up for a long time now. A few days ago, it was announced that OnePlus is leading the premium smartphone market in India, however, Chinese players like Xiaomi, Vivo and Huawei are now trying hard to beat the dominance of OnePlus, Samsung as well as Apple. Every smartphone maker is making valuable efforts to lead the premium space. Samsung this month will be launching the latest Note 9 smartphone, and further devices from OnePlus, Vivo, Huawei and Xiaomi, through the latter’s sub-brand Poco will also be introduced in the upcoming festive season. The festive season in India starts from October and accounts for at least a third to a handset maker’s annual revenue in the country. “The $500 premium segment has been traditionally split...

Walmart Plans on Hiring 1,000 Employees for Technology in India

6Aug By Gauri SinghNo Comments

News

Walmart Plans on Hiring 1,000 Employees for Technology in India

The multinational retail corporation Walmart has planned to hire around 1,000 employees for the technology space in India. The world’s largest retail company is lately focusing on technology to give a tough competition to the other predominant e-commerce players including Amazon. At present, the company has its technology operations in Bengaluru and Gurgaon where it has about 1,800 employees. Now, Walmart is looking to expand the headcount and drive more product ownership out of India. “One of things: we are doing a lot different. We have Walmart Labs, which is e-commerce. You have My Group which is global business services. We are trying to be more product-oriented. We have taken whole projects and moved them over to drive the Indian ownership of the product. We think that is helping ...